Products
Resources
Email Us
Gemini dollar®
The 1:1 USD-backed stablecoin built by a secure, reliable, and regulated cryptocurrency exchange.
Using Gemini dollar
Transact on decentralized exchanges: Use GUSD to trade and stake in DeFi
Lend and earn interest: Earn high yields in DeFi and through Gemini Earn
Provide liquidity: Use with DeFi automated market makers and other liquidity pools
Spend in daily life: Send across borders in seconds and spend at your favorite stores with Gemini Pay
Stable and Fully Backed
GUSD1 is a 1:1 USD-backed stablecoin issued by Gemini. Gemini customers can redeem a GUSD for $1 at Gemini.
Regulated and Insured
Gemini is a U.S. company regulated as a limited purpose trust company by the New York State Department of Financial Services.
Each GUSD corresponds to a U.S. dollar held by Gemini in accounts at U.S. FDIC-insured bank accounts and money market funds holding short-term U.S. treasury bonds and maintained at a custodian. The cash portion of these GUSD reserves may be eligible for FDIC “pass through” insurance for Gemini customers, in the event of the failure of a bank holding the U.S. dollar deposit portion of the GUSD reserves.
Transparently Audited
No compromises: Audit reports of the GUSD reserve are published monthly by an independent registered accounting firm, BPM LLP. The Ethereum smart contract has been audited by Trail of Bits, a leading information security research and development firm.
Zero Fees
There are no fees to buy or sell GUSD with U.S. dollars on the Gemini Exchange.2
Programmable Money
GUSD is an Ethereum ERC-20 token, fully programmable and ready for use in smart contract development.
Fast
Enjoy transfer in seconds and settlement on the Ethereum blockchain.
Supported across dozens of DeFi protocols, applications, and exchanges
Trust and transparency
Review the Gemini dollar smart contract.
Review the Gemini dollar independent security audit.
Review the Gemini dollar whitepaper.
Review the Gemini dollar reserve-funds independent accountant audit reports:
1 GUSD is available in Gemini Earn for U.S, Singapore and Hong Kong users only.
2 Standard fees on select purchase methods such as debit card and certain jurisdictions still apply. Additionally, ERC-20 tokens such as GUSD are programmed using the Ethereum blockchain and will incur gas fees for transfer once under the user’s self-custody.